Compliance
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Compliance
FAST List by Category – Q2 2020
Welcome to Compliance Friday Answers to the Service Team (FAST)! Each Friday we publish our response to a question that the ABD Compliance Team received
The ACA Exchange Notice
Question: What are the employer requirements with respect to the ACA Exchange Notice? Short Answer: The ACA requires employers to provide the Exchange Notice to
How COBRA and Medicare Interact for Retirees
Question: What are the main considerations for retiring employees regarding how COBRA and Medicare interact? Short Answer: There are four primary issues for Medicare-eligible employees
ACA PCORI Fee Returns at Increased $2.54 Rate
The IRS has announced that the 2019 calendar plan year PCORI rate for the July 2020 filing will be $2.54 per covered life (up from
When is HIPAA Training Required?
Question: What are the HIPAA training requirements for employers? Short Answer: Employers with a self-insured health plan need to train employees within a reasonable period
California PFL and SF PPLO Expand to Eight Weeks on July 1
Californias current six-week maximum period of paid family leave (PFL) for new child bonding or to care for a seriously ill family member increases to
SF HCSO Compliance in the Work-From-Home Era
Question: How do the San Francisco Health Care Security Ordinance (HCSO) rules apply when most or all of a companys employees are working from home?
The $550 Carryover vs. The Grace Period
Question: What are the rules surrounding the Section 125 cafeteria plan offering a $550 carryover and/or grace period under the health FSA and dependent care
IRS Releases 2021 Inflation Adjusted Amounts for HSAs
The IRS has released Revenue Procedure 2020-32 announcing the HSA contribution limit increases for 2021. The 2021 HSA contribution limit for individual coverage will increase
COBRA Second Qualifying Event
Question: How do the COBRA second qualifying event rules extend the maximum coverage period? Short Answer:The COBRA second qualifying event rules permit a spouse or
Why the Dependent Care FSA Limit is Only $5,000
Question: Why is the annual dependent care FSA contribution limit stuck at $5,000 year after year? Short Answer: Congress set the $5,000 dependent care FSA
Providing SBCs to Employees
Question: What are the requirements for providing SBCs to employees? Short Answer: The ACA sets forth specific rules governing when, what, how and to whom
Major Employee Benefits Timeframe Extensions Announced for COVID-19 National Emergency
Today the Departments of Labor and the Treasury, in consultation the Department of Health and Human Services (collectively, the “Departments”) issued new final rules imposing
HSA Form W-2 Reporting
Question: What are the employer Form W-2 reporting requirements with respect to HSA contributions? Short Answer: Both the employer and pre-tax employee HSA contributions made
Disclosing PHI to Family Members Under HIPAA
Question: When can a health plan disclose an individual’s PHI to a close family member? Short Answer: The plan can disclose PHI to a close
Group-Term Life – Imputed Income
Question: What are the imputed income requirements for employer-sponsored group-term life coverage? Short Answer: Employers must include the value of group-term life coverage in excess
April’s San Francisco HCSO Reporting for 2019 Cancelled
No 2019 Annual Report COVID-19 has turned the world upside down. Mayor London Breed issued a supplement dated February 25, 2020 to the Emergency Proclamation stating that the
Short Plan Year Considerations
Question: What are the main considerations to be aware of when implementing a short plan year? Short Answer: Employers should be aware of the documentation,
FAST List by Category (Updated Q1 2020)
Welcome to Compliance Friday Answers to the Service Team (FAST)! Each Friday we publish our response to a question that the ABD Compliance Team received
President Signs Bill with Free COVID-19 Testing Coverage Mandate for All Group Health Plans
President Trump signed into law the Families First Coronavirus Response Act (“FFCRA”) yesterday night. The bill worked through Congress with amazing speed to match the
